Ims Fabrication, Inc.

$357,800 PPP Loan in Somerset, Kentucky

Loan Details

Loan Number
8439267005
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$357,800
Current Approval
$357,800
Forgiveness Amount
$359,828
Forgiveness Date
Nov 5, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Ims Fabrication, Inc.
Address
1278 Highway 461
ZIP Code
42503-5171
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (326212)
Business Age
Existing or more than 2 years old
Jobs Reported
29
Estimated Revenue
$28.8M
Rural/Urban
Rural
Congressional District
KY-05

Loan Use Breakdown

Payroll
$298,804
Rent
$40,000
Utilities
$12,500
Health Care
$6,496

Lender Information

Servicing Lender
The Citizens National Bank of Somerset
Originating Lender
The Citizens National Bank of Somerset

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